Modern Economics - International Economics

International Economics

Main articles: International economics and Economic system

International trade studies determinants of goods-and-services flows across international boundaries. It also concerns the size and distribution of gains from trade. Policy applications include estimating the effects of changing tariff rates and trade quotas. International finance is a macroeconomic field which examines the flow of capital across international borders, and the effects of these movements on exchange rates. Increased trade in goods, services and capital between countries is a major effect of contemporary globalization.

The distinct field of development economics examines economic aspects of the development process in relatively low-income countries focusing on structural change, poverty, and economic growth. Approaches in development economics frequently incorporate social and political factors.

Economic systems is the branch of economics that studies the methods and institutions by which societies determine the ownership, direction, and allocation of economic resources. An economic system of a society is the unit of analysis.

Among contemporary systems at different ends of the organizational spectrum are socialist systems and capitalist systems, in which most production occurs in respectively state-run and private enterprises. In between are mixed economies. A common element is the interaction of economic and political influences, broadly described as political economy. Comparative economic systems studies the relative performance and behavior of different economies or systems.

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Other articles related to "economics, international economics, international, economic":

W. Max Corden - Academic Career
... in economics at the London School of Economics (1956) ... He was subsequently Nuffield Reader in International Economics and Fellow of Nuffield College at Oxford University, and from 1977 to 1988 he was Professor ... Furthermore, he was Senior Advisor in the Research Department of the International Monetary Fund from 1986 until 1988 ...
International Economics - Globalization - Opposition
... Globalisation is seen as contributing to economic welfare by most economists – but not all ... Professor Joseph Stiglitz of the Columbia Business School has advanced the infant industry case for protection in developing countries and criticised the conditions imposed for help by the International Monetary Fund ...
List Of Unsolved Problems In Economics - International Economics
... The home bias in trade puzzle is an empirical observation that even when factors such as economic size of trading partners and the distance between them are considered, trade between regions ... as that local individuals and firms have greater access to information about local firms and economic conditions, these explanations are not accepted by the majority of economists and have been ... Standard economic theory suggests that country-specific output risks should be collective and domestic consumption growth should not depend strongly on country-specific ...
Peter Kenen
... (November 30, 1932 - December 17, 2012) was a Senior Fellow in International Economics at the Council on Foreign Relations and Walker Professor of Economics and International Finance at Princeton University ... from 1957 to 1971, where he served as Chairman of the Department of Economics and was named as Provost of the University ... He was Director of the International Finance Section at Princeton from 1971 to 1999 ...
Central University Of Finance And Economics - Schools and Departments - School of Economics
... The School of Economics was established in August 2003 to meet the requirements of the development of education in China ... It has mobile post doctoral program of economics, six doctoral programs, eight master programs and three graduate programs ... The School of Economics has five departments National Economics, Economics, Statistics, Industrial Economics and International Economics ...

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    Religion and art spring from the same root and are close kin. Economics and art are strangers.
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